Gold Prices Today on 21st February 2024

Gold opened on Tuesday, 21st of February at the rate of Rs. 5,760 per gram.If you are looking to invest in gold, then you need to know that India does not mine its own gold. It has stopped all of its previous mining sites and now exclusively imports gold from outside the country. So it imports all of its gold requirements, and their prices are used for determining the prices of the gold in the country for the day for 22k, which influences the other carats of gold respectively.

The current gold price in India is Rs. 6,274 per gram for 24 carats of gold while the 22-carat gold stands at the rate of Rs. 5,760 per 1 gram as of 21st February 2024. All rates are revised and updated daily.

Gold Prices For 10 Grams In India as of 21st of February 2024

The gold rates are fixed by wholesalers of gold in India even though the gold prices do not change that often. The increasing import of gold is becoming a nuisance because the demand for yellow metal seems to be on an ever-increasing rise. It might be due to the fact that the yellow metal has proved time and again as the best liquid asset to be in possession of. 

Though the gold demand has seen a fluctuation in 2017, during the lockdown period and after it as well it is increasingly curious to see that the demand for gold is not curbing even after lockdown. Currently, there are a number of schemes in the country for gold and its import, and all these schemes have their pros and cons but they also have not managed to decrease the demand for the yellow metal as was hoped by the government during their introductions. The yellow metal has established itself as the most sought-after metal and is purchased during weddings, festivals, and other such important events in one’s life.

22 Carat Gold Price in India Today

24 Carat Gold Price in India Today